Europe's joint space venture

Airbus Group and Safran have agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems. As Ciara Sutton reports they hope the move will help them compete with new low-cost rivals.

http://archive.htrnews.com/VideoNetwork/3624981143001/Europe-s-joint-space-venturehttp://cdn.newslook.com/6f/6fccfe5bcc26775e32246c260e056a7f/mp4_low/6fccfe5bcc26775e32246c260e056a7f-mp4_low.mp4http://archive.htrnews.com/VideoNetwork/3624981143001/Europe-s-joint-space-venturehttp://cdn.newslook.com/6f/6fccfe5bcc26775e32246c260e056a7f/images/frame_ext.jpgEurope's joint space ventureAirbus Group and Safran have agreed to create a 50-50 joint venture in space launchers, combining Airbus's launch systems with Safran's propulsion systems. As Ciara Sutton reports they hope the move will help them compete with new low-cost rivals.Ciara SuttonFinanceMarwan LahoudnewslookUnited States of AmericaEuropeairbus01:03